Domestic equity benchmark indices opened lower on Tuesday, tracking weak global markets after a sharp rebound in crude oil prices to the $85-a-barrel mark amid escalating tensions in the Middle East.
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India’s CFOs are rethinking working capital management. From supply chain finance to digital trade finance platforms, discover why transaction-linked liquidity is replacing traditional working capital loans in large Indian enterprises.
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India’s merchandise trade deficit widened to $30.43 billion in June. This figure exceeded economists’ expectations for the month. Merchandise exports saw a decrease from the previous month’s levels. Imports also experienced a reduction compared to May’s figures. Services trade, however,…
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India’s goods exports increased by 15.5% in June, reaching $40.41 billion. However, the trade deficit expanded significantly to $30.43 billion due to higher imports. Oil, gold, and electronics imports drove this substantial increase in the trade deficit. Exports to West…
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HDFC Bank saw its employee count decrease by 3,343 during the last fiscal year. The bank’s total balance sheet size expanded by twelve percent to over forty-three lakh crore. Advances increased by twelve percent, and total deposits rose by fourteen…
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President Donald Trump announced the United States is reinstating a naval blockade on Iran. He stated the U.S. will be reimbursed twenty percent on all cargo shipped. The vital Strait of Hormuz remains open under U.S. protection and security measures.…
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